Neetu bought 1600 bananas at Rs 3.75 a dozen. she sold 900 of them at 2 for Rs 1 and the remaining at 5 for Rs 2. find gain or loss percent
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1600 bananas
CP of one banana = 375/12 = 31.25p
CP of 1600 bananas = 31.25 x 1600 = Rs 500 ....(1)
Sells 900 bananas
SP of one banana = 100/2 = 50p
SP of 900 bananas= 900 x 50 = Rs.450
Sells 700 bananas
SP of one banana = 200/5 = 40p
SP 700 bananas = 700 x 40 = Rs.280
SP of 1600 bananas = 450 + 280 = Rs.730 ...............(20
Gain = 730 - 500 = Rs.230
Gain percent = 230/500 x 100 = 46%
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